Catalana coin for pix

World Brief

The government of Catalonia, Spain’s richest region, will launch Mesfilms Inversions, a E6 million ($7.5 million) investment fund aimed at co-producing films with international potential.

It will target mid-to-high range pics by Spanish standards, budgeted north of $3.1 million, from Catalonia-based companies. Coin can reach $750,000 per movie but never more than the local producer’s own investment. Films can be in any language.

Mesfilms will counter the limited state and tax coin available in Spain for bigger-budgeted pics.